MUMBAI (Reuters) – Private equity firm Blackstone Group <BX.N> Chief Executive Stephen Schwarzman said on Wednesday that it “remained unclear” if an interest rate cut by the U.S. Federal Reserve would restore confidence in the face of the coronavirus outbreak. On Tuesday, the Fed cut interest rates by a half percentage point in a bid […]
By Jeffrey Dastin (Reuters) – A U.S. labor and activist coalition said employees of Amazon.com Inc would take off work starting on Tuesday to draw attention to what it says are unsafe conditions at warehouses during the coronavirus pandemic. The action involves more than 350 of Amazon’s staff from 40 facilities, according to the coalition. […]
BEIJING (Reuters) – General Motors <GM.N> said on Monday it would restart production in from Feb. 15 in China, where the country is dealing with a coronavirus epidemic which has killed more than 900 people. Automakers in China had halted production for the Lunar New Year holidays at the end of January. The U.S. automaker […]
